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Jacqueline Novogratz Discusses Challenges In Addressing Cultural Differences In Low Income Situations

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Total Case Duration :

  • Date Added : 9/27/2010
  • Clip Duration : 2 min. 38 sec.

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Jacqueline Novogratz

  • Founder and CEO, Acumen Fund
  • female
  • Caucasian
  • 1961 (Age: 59 years old)
  • Jacqueline Novogratz - Lecture - Acumen Fund
  • Video 1 of 14 in this Case
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Biography

Jacqueline Novogratz is the Founder and CEO of the Acumen Fund. In this role, Jacqueline Novogratz is responsible for the vision behind Acumen Fund's unique approach to using philanthropic capital to invest in scalable businesses that serve the poor with life-changing goods and services.

She has led the Acumen Fund team since its launch in 2001, and under her leadership Acumen Fund has invested $40 million in over 35 companies serving 25 million low-income customers in the developing world (as of April 2009). Prior to Acumen Fund, Jacqueline Novogratz founded and directed The Philanthropy Workshop and The Next Generation Leadership program at the Rockefeller Foundation. She began her career in international banking with Chase Manhattan Bank and she founded Duterimbere, a micro-finance institution in Rwanda.

Jacqueline currently serves on the Board of the Aspen Institute as well as the advisory councils of Stanford Graduate School of Business and MIT's Legatum Center. She is an Aspen Institute Henry Crown Fellow, a Synergos Institute Senior Fellow and has received honors including Ernst & Young's 2008 Entrepreneur of the Year Award, the 2009 CASE Leadership in Social Entrepreneurship Award and AWNY's 2009 Changing the Game Award.

Jacqueline Novogratz has an MBA from Stanford and a BA in Economics/International Relations from the University of Virginia. She is the author of the bestselling memoir, The Blue Sweater: Bridging the Gap Between Rich and Poor in an Interconnected World, published in early 2009.

I think the biggest mistake that everybody makes is this idea that if you build it, they will come. When it comes to low income markets, you are really battling often a sense of fatalism culture, a complete lack of trust, and for good reason, not to mention really bad distribution, corruption, and a...(Full transcript available to logged in subscribers.).

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Jacqueline Novogratz videos

Video 1 of 14 Jacqueline Novogratz Explains Mission Of Acumen Fund
  • Jacqueline Novogratz - Lecture - Acumen Fund
  • 9/27/2010
  • Jacqueline Novogratz
  • 1 min. 1 sec.
Video 2 of 14 Jacqueline Novogratz Discusses Starting Acumen Fund
  • Jacqueline Novogratz - Lecture - Acumen Fund
  • 9/27/2010
  • Jacqueline Novogratz
  • 1 min. 13 sec.
Video 3 of 14 Jacqueline Novogratz Discusses Acumen's Growth Despite Economic Crisis
  • Jacqueline Novogratz - Lecture - Acumen Fund
  • 9/27/2010
  • Jacqueline Novogratz
  • 0 min. 53 sec.
Video 4 of 14 Jacqueline Novogratz States Fundraising and Funding the Right Talent Are Usually The Two Biggest Challenges
  • Jacqueline Novogratz - Lecture - Acumen Fund
  • 9/27/2010
  • Jacqueline Novogratz
  • 1 min. 51 sec.
Video 5 of 14 Jacqueline Novogratz Discusses Role Of Market In Alleviating Poverty
  • Jacqueline Novogratz - Lecture - Acumen Fund
  • 9/27/2010
  • Jacqueline Novogratz
  • 2 min. 6 sec.
Video 6 of 14 Jacqueline Novogratz Explains Business Models Of Investment
  • Jacqueline Novogratz - Lecture - Acumen Fund
  • 9/27/2010
  • Jacqueline Novogratz
  • 2 min. 13 sec.
Video 7 of 14 Jacqueline Novogratz States Entrepreneurs Are Stubborn and Fearless
  • Jacqueline Novogratz - Lecture - Acumen Fund
  • 9/27/2010
  • Jacqueline Novogratz
  • 1 min. 7 sec.
Video 8 of 14 Jacqueline Novogratz Discusses Challenges In Addressing Cultural Differences In Low Income Situations
  • Jacqueline Novogratz - Lecture - Acumen Fund
  • 9/27/2010
  • Jacqueline Novogratz
  • 2 min. 38 sec.
Video 9 of 14 Jacqueline Novogratz Shares Thoughts on The Innate Nature of Entrepreneurship
  • Jacqueline Novogratz - Lecture - Acumen Fund
  • 9/27/2010
  • Jacqueline Novogratz
  • 1 min. 27 sec.
Video 10 of 14 Jacqueline Novogratz Discusses Convergence of Normal Entrepreneurship and Social Entrepreneurship
  • Jacqueline Novogratz - Lecture - Acumen Fund
  • 9/27/2010
  • Jacqueline Novogratz
  • 1 min. 12 sec.
Video 11 of 14 Jacqueline Novogratz Shares Examples of How She Had Failed
  • Jacqueline Novogratz - Lecture - Acumen Fund
  • 9/27/2010
  • Jacqueline Novogratz
  • 3 min. 1 sec.
Video 12 of 14 Jacqueline Novogratz Discusses Management Assistance Offered With Investments
  • Jacqueline Novogratz - Lecture - Acumen Fund
  • 9/27/2010
  • Jacqueline Novogratz
  • 2 min. 36 sec.
Video 13 of 14 Jacqueline Novogratz Discusses Differences In Investing In Social Ventures
  • Jacqueline Novogratz - Lecture - Acumen Fund
  • 9/27/2010
  • Jacqueline Novogratz
  • 2 min. 28 sec.
Video 14 of 14 Jacqueline Novogratz Discusses How Acumen Fund Decides Where To Invest
  • Jacqueline Novogratz - Lecture - Acumen Fund
  • 9/27/2010
  • Jacqueline Novogratz
  • 2 min. 33 sec.

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